21–22 of 22 posts
There are certainly people who do investments based on a quick meeting (e.g. Andy Bechtolsheim's Google investment), but most people will have follow up meetings before actually committing to an investment.
That said, we select startups based on 10 minute meetings, and that works remarkable well.
Also, criticizing entrepreneurs for pitching at demo day just seems mean.
Earlier quoted context omitted.
"If you're a nobody, no investor wants to talk to you." Well, sure if you go in with the pitch that you are, in fact, a nobody, then I'd certainly be less interested. Who wants to talk to someone who isn't confident that what they're doing with their time is awesome? Tell me why you're awesome... and if you're in and around NYC, I'd be happy to make some time.
Maybe I just haven't learned the proper bluster when talking to investors... I really believe my idea is awesome, that I and my co-founders have solid skills, and that our startup will succeed with or without investors (but will succeed faster with funding). I feel anything else is BS that investors especially will see through, or am I missing something? Alas, I am in the Triangle area of NC, but I'd be happy to chat…
Also, NC is sadly outside the seed stage bubble. If you have traction, you may get a meeting, but then you won't need it.